Goosehead Insurance (GSHD) Projected to Post Quarterly Earnings on Wednesday

Goosehead Insurance (NASDAQ:GSHD) will likely be releasing its earnings data before the market opens on Wednesday, February 19th. Analysts expect Goosehead Insurance to post earnings of $0.40 per share and revenue of $78.03 million for the quarter.

Goosehead Insurance Trading Up 0.4 %

NASDAQ:GSHD opened at $110.70 on Wednesday. Goosehead Insurance has a 1 year low of $50.47 and a 1 year high of $130.39. The stock’s fifty day moving average price is $108.87 and its two-hundred day moving average price is $101.13. The company has a debt-to-equity ratio of 37.70, a current ratio of 1.55 and a quick ratio of 1.55. The company has a market cap of $4.11 billion, a P/E ratio of 153.75, a P/E/G ratio of 5.05 and a beta of 1.43.

Goosehead Insurance Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, January 31st. Investors of record on Tuesday, January 21st were issued a dividend of $5.91 per share. This is a boost from Goosehead Insurance’s previous dividend of $1.63. The ex-dividend date of this dividend was Tuesday, January 21st.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the company. Royal Bank of Canada lifted their target price on Goosehead Insurance from $95.00 to $109.00 and gave the company an “outperform” rating in a report on Thursday, October 24th. BMO Capital Markets boosted their price objective on shares of Goosehead Insurance from $90.00 to $120.00 and gave the company a “market perform” rating in a research note on Tuesday, November 19th. TD Cowen increased their target price on shares of Goosehead Insurance from $94.00 to $130.00 and gave the stock a “hold” rating in a research note on Wednesday, November 20th. JMP Securities boosted their price target on shares of Goosehead Insurance from $100.00 to $115.00 and gave the company a “market outperform” rating in a research report on Thursday, October 24th. Finally, JPMorgan Chase & Co. upped their price target on shares of Goosehead Insurance from $77.00 to $90.00 and gave the stock a “neutral” rating in a report on Friday, January 3rd. One research analyst has rated the stock with a sell rating, four have given a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $99.20.

About Goosehead Insurance

Goosehead Insurance, Inc operates as a holding company for Goosehead Financial, LLC that engages in the provision of personal lines insurance agency services in the United States. The company offers homeowner’s, automotive, dwelling property, flood, wind, earthquake, excess liability or umbrella, motorcycle, recreational vehicle, general liability, property, and life insurance products and services.